Chairman of Financial Institutions Group, Italy
Born : May 6 1944 (Como)
Married, two children
1967 : Graduated in Statistics and Demography from the University of Rome
1969 : Doctorate in Economics from the University of Oxford
(where he did his research work with Nobel prizewinner John Hicks and his thesis on the term structure of interest rates was published by Oxford University Press).
Apr 30th 2001 to April 29th 2004 : Chairman of Sanpaolo IMI Group
May 2nd 2003 to April 29th 2004 : Chairman of Banca Fideuram.
June 1996 to June 2002 : Member of the Board of the Italian Banking Association, serving as Vice-President between June 1998 to June 2000.
1998 - 2001: Chief Executive Officer of Sanpaolo IMI Group, honorary degree in International and Diplomatic Science, University of Turin
1995 to 1996 : Technical Minister for the Budget and Economic Planning
1988 to 1998 : Managing Director of the Istituto Mobiliare Italiano S.p.A (IMI)
1975 to 1988: Central director at the Bank of Italy
1971 to 1975 : Executive officer for the Bank of International Settelments in Basel.
1969 : Collaboration with the economics faculty at the Luis University in Rome, where he is Professor of: - Financial Intermediaries and
- Financial Markets
- Advisor SanPaolo IMI Group
- Expert Member of the Board of the European Investment Bank
- Chairman of RFI Rete Ferroviaria Italiana
- Chairman of the Advisory Board of SACE
- Member of the Scientific Committee of Confindustria
- Senior Director of Mercer Oliver Wyman
- June 4th 2003:Officer of the Légion d'Honneur
- June 2002: Cavaliere del Lavoro
- Co-President, together with Bruno Racine, of the Forum for Italo-French Dialogue
- January 1996, Cavaliere di Gran Croce of the Italian Republic
Several works on the subjects of financial innovation in banking and risk management (the last being Risk and Banks, II Sole 24 Ore, Milan 2001 publishing).